Registration requirement for Online Bond Platform Providers mandates stock broker registration and regulatory compliance for platform operations. SEBI requires Online Bond Platform Providers to be Indian companies registered as stock brokers in the debt segment and approved by a recognised stock exchange, restricting pre existing platforms to listed debt securities and public offering candidates. Entities must appoint specified compliance and managerial personnel, obtain SCORES authentication, maintain robust secure technology with real time dissemination and open access, perform KYC and due diligence, route listed orders via exchange RFQ and clearing corporations, issue electronic order receipts and deal sheets, implement risk management and grievance redressal within 30 days, and comply with disclosure, advertising and reporting obligations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration requirement for Online Bond Platform Providers mandates stock broker registration and regulatory compliance for platform operations.
SEBI requires Online Bond Platform Providers to be Indian companies registered as stock brokers in the debt segment and approved by a recognised stock exchange, restricting pre existing platforms to listed debt securities and public offering candidates. Entities must appoint specified compliance and managerial personnel, obtain SCORES authentication, maintain robust secure technology with real time dissemination and open access, perform KYC and due diligence, route listed orders via exchange RFQ and clearing corporations, issue electronic order receipts and deal sheets, implement risk management and grievance redressal within 30 days, and comply with disclosure, advertising and reporting obligations.
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